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Congress Charts New Course Over Deficithttp://k2radio.com/congress-charts-new-course-over-deficit/
http://k2radio.com/congress-charts-new-course-over-deficit/#commentsThu, 24 Jan 2013 12:48:27 +0000Associated Presshttp://k2radio.com/?p=253973Continue reading…]]>WASHINGTON (AP) — The nation's sharp disagreements over taxes and spending are on a re-routed collision course, as Senate Democrats launch a plan that includes new taxes and House Republicans vow to speed up their plan to balance the federal budget with spending cuts alone

]]>http://k2radio.com/bush-tax-cut-debate-dooms-deal-to-cut-deficit/feed/0President Obama Reveals $3 Trillion Plan to Cut the Deficit [VIDEO]http://k2radio.com/president-obama-cut-deficit-video/
http://k2radio.com/president-obama-cut-deficit-video/#commentsTue, 20 Sep 2011 17:00:54 +0000Shauna Wrighthttp://tsminteractive.com/?p=47468Continue reading…]]>In a speech given from the White House Rose Garden on Monday, President Obama proposed a $3 trillion plan to cut the deficit, with half of that amount covered by increased taxes on the wealthy and another $800 million financed by letting the Bush-era tax cuts expire.

“If we are going to make spending cuts… then it is only right we ask everyone to pay their fair share … We can’t afford these special lower rates for the wealthy. We can’t afford them when we are running these big deficits,” he said.